Osisko Mining finalises a bought deal private placement of flow-through shares and common shares

Quebec-based precious metals company Osisko Mining, Inc. (Osisko) has announced that it has completed a “bought deal” brokered private placement of: (i) an aggregate of 27 046 031 common shares of the Corporation that will qualify as “flow-through shares” (within the meaning of subsection 66 (15) of the Income Tax Act (Canada) and, where applicable, section 359.1 of the Taxation Act (Québec)) (flow-through shares) for aggregate gross proceeds of approximately CAN$69.9 million, and (ii) an aggregate of 3 823 000 common shares of the Corporation at an issue price of CAN$1.70 per common share for aggregate gross proceeds of approximately CAN$6.5 million, including the exercise in full of the underwriters’ option.